For its fourth fiscal quarter (ending December 31), Franco-Nevada Corp (NYSE: FNV) has reported E.P.S. of $-5.12 compared to $0.86 a year ago. For the latest four quarters through December 31, E.P.S. were $-2.43 compared to $3.66 a year ago.
Recent Price Action
Franco-Nevada Corp (NYSE: FNV) stock closed at $112.52 on 3/5/24 after a large increase of 2.8%. Moreover, exceptionally high trading volume at 228% of normal accompanied the advance. The stock has risen 5.3% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
FNV is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Franco-Nevada has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Franco-Nevada has a neutral Appreciation Score of 42 but a poor Power Rating of 24, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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